#COTI Dips Hard – Smart Money Flushed Out!
A long liquidation worth $1,038.9 just triggered at $0.06594, hinting at a classic shakeout.
Is this the trap before the pump? Sharp traders know: liquidations = opportunity.
Current Snapshot:
Price: Around $0.06594
Support Zone: $0.0635 – $0.0650
Liquidity Area: $0.0638 – $0.0655
Major Resistance: $0.0715 – $0.0732
Trade Setup (Buy the Dip):
Entry Zone: $0.0638 – $0.0655
Stop-Loss: $0.0615
Targets:
T1: $0.0688
T2: $0.0719
T3: $0.0745 (if breakout confirms)
Key Insight:
The wick down to $0.06594 reflects panic exits from leveraged longs.
If $COTI reclaims $0.067, it could trigger a short squeeze and swift upside recovery.
Risk-Reward: Strong (3:1+)
Strategy: Scoop entries near support, aim for the bounce, and ride momentum back to resistance.
Current Price:
COTIUSDT: $0.06625 (+7.56%)
